EUR/CAD – 1H – BUYThe combination Euro/Canadian Dollar (EUR/CAD) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance level at 1.62918 is expected.
Caution: A possible counter-trend in the direction of the support zone at 1.62597 should always be considered.
Consider stop-loss settings accordingly.
Also there is a ‘ ‘ indicator signal is discovered. The indicator is ‘ ‘. which could be a negative chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63176 |
| 2nd High | 1.63174 |
| Next High | 1.62918 |
| Current Price | 1.63422 |
| Next Low | 1.62597 |
| 2nd Low | 1.62036 |
| 3rd Low | 1.61423 |
1.62918 – 1.62068 – 1.62623 – 1.62597 – 1.62036 – 1.61423 —
1.62968 – 1.63464 —
43.716488092095 – 64.833630204224 —
1.62597 – 1769533200 —
1.62918 – 1769385900
Trading Signals: FOREX – EUR – EUR/CAD – CAD – – – – – – – – – –